21
Apr
01:00
Haixin struggles to find saviour
China’s Haixin Iron and Steel, which entered administration in 2014 under a heavy debt burden, has yet to find a backer despite support from local authorities to restart the plant, local media reports. Potential creditors note that the company’s debt has still not been restructured.
Haixin was the largest privately-owned steel company in Shanxi province but was eventually ordered to enter administration in November 2014 after creditors brought a …
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Anonymous
Very good overview of the weekly steel market.
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